JOHN – ROXAS Member: Association of LASSAI- Accredited Superschools (ALAS) Gov. Atila Balgos Avenue, Banica, Roxas City
Name: Ann Fenelope D. Anisco Year/Course: BSA - 2
BA 101: Governance, Business Ethics, Risk
Management, and Internal Control
Case study
A company manufactures chemicals used in the dyeing of fabric
at its factory based in a small rural town in North Yorkshire. It employs 350 people and is the largest employer within a 50 mile radius. The factory is located near a popular tourist location and is surrounded by open countryside.
Discuss
Discuss the social responsibilities of this business.
The chemical manufacturing company in North Yorkshire holds
several social responsibilities due to its significant impact on the local community and environment. As the largest employer in the area, employing 350 people, the company is responsible for providing stable employment opportunities and fair wages to positively contribute to the local economy. It should actively engage with the community, sponsoring local events, supporting projects, and collaborating with local schools for educational enhancement. Given its proximity to open countryside and a tourist location, environmental stewardship is crucial, requiring sustainable practices, waste reduction, and eco- friendly alternatives. The company must prioritize health and safety, adhere to ethical business practices, and foster a positive workplace culture to ensure the well-being of its employees. By balancing economic contributions with environmental and community considerations, the company can fulfill its social responsibilities and contribute positively to the overall welfare of the community and the surrounding environment.
Effects of Corporate Social Responsibility On Profitability of Agriculturally Based Firms in Nigeria (A Case Study of Abakaliki Rice Mills Limited, Ebonyi State)